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Homes Under $500,000 in Roosevelt, Utah
Roosevelt sits in the heart of the Uintah Basin, about two and a half hours east of Salt Lake City over Daniels Summit. It's an energy-economy town — oil, gas, and the supporting trades drive a lot of the local payroll — and that's a big reason homes here stay reasonably priced compared to anything along the Wasatch Front. Under $500K in Roosevelt is genuinely the middle of the market, not the bottom: you're looking at solid 3 and 4 bedroom homes, often on larger lots than you'd see in Utah or Salt Lake County, and a fair number of properties with shops, RV parking, or room for a horse or two out toward Neola and Ballard.
The buyer pool here is a mix of locals trading up, energy-sector workers relocating from Vernal or out of state, and families drawn by Duchesne County's lower cost of living and quick access to the Uinta Mountains for hunting, fishing, and snowmobiling. Winters run cold with real snow, summers are warm and dry, and the High Uintas are basically the backyard. School-age families usually look at homes feeding into Union High or Altamont. If you're financing, USDA loans cover most of the area and FHA limits go further here than in pricier counties. Browse the active listings below to see what's currently on the market under $500K in Roosevelt.
May 2026 · Roosevelt market
Live from the Utah MLS — what's actually happening in Roosevelt right now.
Median sale
$345,000
9 closed in May 2026
Median DOM
6 days
listing → contract
Sale-to-list
93.6%
of final list price
Unsold inventory
43
active + pending
50 matching · page 1 of 3
Active listings
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Common questions
About homes under $500k in Roosevelt.
What kind of home can I actually get under $500K in Roosevelt? ▾
Quite a bit, honestly. Roosevelt's price point runs well below the Wasatch Front, so $500K often buys a newer 4-bedroom on a quarter-acre or larger, a rural property with outbuildings, or an updated older home in town. Lot sizes tend to be generous compared to what the same money buys in Utah or Salt Lake County.
Are most homes in Roosevelt already under $500K? ▾
Yes — the majority of single-family listings in Roosevelt and the surrounding Duchesne County area fall under the $500K mark. Homes pushing past that number usually involve significant acreage, water shares, shop buildings, or new construction on the edge of town.
What neighborhoods should I look at in this price range? ▾
In-town Roosevelt around 200 East and the areas near Union High School have established homes, often on larger lots than you'd expect. Outlying areas toward Ballard, Neola, and Myton bring in rural acreage parcels. Each has different well, septic, and irrigation considerations worth checking before you write an offer.
Is Roosevelt a buyer's market or a seller's market right now? ▾
Roosevelt's market tracks closely with oil and gas activity in the Uinta Basin, which means inventory and demand can swing more than in other parts of Utah. When drilling is active, homes move quickly; during slower cycles, buyers have more negotiating room. Days-on-market here are typically longer than along the Wasatch Front.
Do USDA loans work in Roosevelt? ▾
Yes — most of Roosevelt and nearly all surrounding Duchesne County addresses qualify for USDA Rural Development financing, which allows 0% down for eligible buyers under income limits. That's a real advantage at this price point and worth asking your lender about before you start touring.
What about property taxes and utilities out here? ▾
Duchesne County property tax rates are lower than most Wasatch Front counties. Many homes use propane for heat rather than natural gas, and rural properties often run on well and septic instead of city utilities — budget accordingly for maintenance and occasional propane fills.